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HomeMy WebLinkAboutResolution No. 00-R120 RESOLUTION NO. 00-R12 0 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AN OWNER PARTICIPATION AGREEMENT WITH QUALITY MATERIALS HANDLING, INC., A CALIFORNIA CORPORATION, FOR THE EXTERIOR IMPROVEMENT OF 900 WEST FOOTHILL BOULEVARD THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Redevelopment Agency of the City of Azusa does hereby find, determine and declare as follows: A. The subject of this Owner Participation Agreement is the exterior improvement of a 29,150 square foot building in the West End Redevelopment Project Area at 900 West Foothill Boulevard. B. The subject property exhibits some building neglect and underutilization. C. The Agency desires to provide assistance to QUALITY MATERIALS HANDLING, INC., in order to expand the business, and upgrade the aesthetic image of this portion of the West End Redevelopment Project Area. D. The provision of assistance is for redevelopment purposes for the benefit of an existing redevelopment project area and furthers the health, safety and welfare of the residents of Azusa. E. This Agreement pertains to and effects the ability of the Agency to finance its activities and carry out its statutory obligations and the goals of the West End Redevelopment Plan. It is intended to be a contract within the meaning of Government Code Section 53511. F. In taking this decision, the Agency has considered the environmental impact of its decision, and after careful study, has determined that this project does not contribute any additional environmental impacts beyond those contemplated in the Environmental Impact Report certified for the West End Project Area. The subject EIR's identify various mitigation measures which all projects must adopt and this project shall be subject to these standard measures. The Agency therefore finds that this project will not have a significant impact upon the environment. SECTION 2. Based on the foregoing, the Redevelopment Agency of the City of Azusa hereby approves that certain Owner Participation Agreement with Quality Materials Handling, Inc. in substantially the same form as attached hereto as Exhibit A and 0 incorporated herein by reference. The Agency further authorizes the Chairperson to execute said Agreement in substantially the same form as depicted on Exhibit A. SECTION 3. The Secretary shall certify to the adoption of this Resolution. PASSED, ADOPTED AND APPROVED THIS 17th DAY OF May Chairperson I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Community Redevelopment Agency of the City of Azusa at a regular meeting thereof held on the 17th day of May , 2000 by the following vote, to wit: AYES: DIRECTORS: HARDISON, ROCHA,.MADRID NOES: DIRECTORS: NONE ABSENT: DIRECTORS: STANFORD, BEEBE ABSTAIN:_ DIRECTORS;. NONE Secretary W:\AF5(]St QNiflop.0500...TJ